323987 is a ring tongue terminal designed for secure electrical connections in automotive and industrial applications. It features a closed barrel construction with a straight receptacle style, accommodating 24-20 AWG regular wire without insulation support. The terminal has a ring-shaped contact (RING-054) with an M4 (8) stud size and is finished with tin plating for corrosion resistance. The SOLISTRAND body style and non-insulated design make it suitable for applications requiring direct wire-to-stud connections in high-reliability electrical systems.